Rivian reports $2.155 billion in Q3 revenue, up 38%, with the R2 as its best-seller

FinanceInternationalElectrekOct 29, 2026, 3:46 PM40 s readAI summary

Rivian released its third-quarter 2026 results: revenue of $2.155 billion, up 38% year over year and above analyst expectations. The R2, in its first full quarter of deliveries, is already its best-selling vehicle. The company raised its 2026 guidance on every metric and lowered its capex forecast. However, the automotive segment posted an $80 million gross loss, a -5% margin, and the company reported a net loss of $913 million.

In 40 seconds

Revenue of $2.155 billion (+38% YoY) and gross profit of $176 million, an 8% margin.
The automotive segment lost $80 million at the gross level (-5% margin), compared with a $36 million loss in the prior quarter.
Software and services, with $605 million in revenue and a 42% margin, carried consolidated gross profit; $354 million came from the Volkswagen joint venture.

Read the full story at Electrek

IASummary generated by artificial intelligence from a story by Electrek. It may contain errors: the original source prevails.

Rivian
resultados
vehículos eléctricos
Volkswagen

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Rivian reports $2.155 billion in Q3 revenue, up 38%, with the R2 as its best-seller

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